Startups
Deliver Addis, Ethiopia’s Online Food Delivery Firm Raises Funding from RENEW & the Impact Angel Network
Deliver Addis, Ethiopia’s online food delivery firm has raised follow-on funding from RENEW and the Impact Angel Network through its...
OjaExpress selected into the Techstars Kansas City Accelerator for 2020
OjaExpress, a digital marketplace founded by Nigerian immigrants in Chicago has been accepted into Techstars Kansas City 2020 accelerator class....
Releaf Group & MAX.NG receive $200K in funding from Harambeans Prosperity Fund
Releaf Group and MAX.NG have benefitted from $200 000 in funding from the newly founded Harambeans Prosperity Fund which aims...
Harambe launches $1 million fund for African entrepreneurs
Harambe, a network of young Africa entrepreneurs (Harambeans), has launched Harambeans Prosperity Initiative: $1 million and experts for African entrepreneurs...
mPharma raises $17m to drive supply chain efficiencies for pharmaceuticals in Africa
mPharma, an Accra-based pharmaceuticals platform recently raised $17m from UK's CDC Group to drive supply chain efficiencies for pharmaceuticals in...
Sokowatch unveils an e-voucher to deliver free food to vulnerable families
Sokowatch, an SMS-powered e-commerce platform enabling informal retailers to order or receive free same-day delivery to their store, has launched...
Facebook and PayPal invest in Southeast Asian ride-hailing startup Gojek
Facebook and PayPal have made investments in Gojek, a Southeast Asian ride-hailing startup also offering food delivery and mobile payments. Facebook...
BusyMed, a South African healthtech start-up raises funding from LionPride Investments
BusyMed, a South African healthtech start-up has raised funding from LionPride Investment Holdings, via its LionPride Agility Fund. BusyMed's platform...
Droppa expands its express delivery service to more towns
Droppa, an online delivery platform has expanded its recently launched Droppa Express beyond a 25 kilometre radius. Droppa Express is now...
Ukheshe launches track & trace to assist with Covid-19 infection alerts
Ukheshe, a SMME focused digital banking platform, has launched a Track and Trace service using its existing payment ecosystem to assist...
Africa Netpreneur Prize teams up with Ashesi, Dalberg, Janngo, RiseUp, ALU for 2020 Pitch
The Jack Ma Foundation’s Africa Netpreneur Prize Initiative (ANPI) has teamed up with the African Leadership Group, Ashesi, Dalberg, Janngo,...
Sparkle, Nigeria’s ‘Bank of the future’ granted banking license, officially launches
Sparkle, a Nigerian digital platform for financial, lifestyle and business support services has officially launched to the public after being...
Zipline starts operations in the US after exemplary COVID-19 response in Ghana, Rwanda
Zipline, a drone delivery firm has started its operations in the US after it signed a partnership with North Carolina's...
Jamborow, raises $400,000 to serve Nigeria’s unbanked informal sector
Jamborow, a new Blockchain-based B2B fintech platform has raised $400,000 to launch in Nigeria and offer unmatched financial services to...
Uber announces an hourly trip booking feature for $50
How about booking your ride an hour early? Uber has announced a feature that will let you book a ride...
Babylon, Rwanda’s Bably’s parent firm leads $30m round into Higi’s health kioks
Babylon, Rwanda's Babyl parent firm, has led a $30 million Series B investment round into American consumer health engagement company...
DHL acquires stake in Mall for Africa’s Link Commerce to grow its logistics business in Africa
DHL has acquired a stake in Mall for Africa's Link Commerce, in a bid to grow its logistics business in...
Carry1st Raises $4 Million to Catalyze Mobile Gaming in Africa
Carry1st has raised a Series Seed round of US$2.5 million led by CRE Venture Capital with participation from Perivoli Innovations, Chandaria Capital, Lateral Capital, Transsion's Future Hub, and Kam Kronenberg III, among...
Inclusivity Solutions raises an additional $ 1.3 million to deepen its footprint within its existing markets
Inclusivity Solutions, the South African digital insurance solutions firm, has secured an additional US$ 1.3 million in its second tranche...
Rentpay promising Kenyan landlords real-time rent reconciliation
Rentpay, a rent collection system that provides real-time payment reconciliation and automation of business processes, has launched in Kenya to...
South Africa’s Mama Money Expands Global Reach with Western Union
Mama Money, a rapidly growing international money transfer company, have joined forces with Western Union, to enable Mama Money customers...
Middletrust.com, an escrow platform, launches in Nigeria to secure users against online fraud
Middletrust.com, an escrow platform, has launched to help secure Nigerians against online fraud as COVID-19 pushes the world to turn...
Entrepreneurs from Kenya, Nigeria take home $30,000 from the 2020 ASME Innovation Showcase
Entrepreneurs from Kenya, Nigeria have been selected as regional winners of the 2020 American Society of Mechanical Engineers (ASME) Innovation...
Catch Taxi Kenya raises an undisclosed pre-seed round to be East Africa’s super app
Catch Taxi Kenya is a new entrant into the African ride-hailing industry that prioritizes safety, comfort, and efficiency. Catch Taxi...
Kobo360’s Obi Ozor and Ife Oyedele II Selected as Endeavor Entrepreneurs
Endeavor has welcomed Obi Ozor and Ife Oyedele II, co-founders of Kobo360, were selected as Endeavor Entrepreneurs on May 21,...
Sanofi Selects 11 Startups for its 2020 AfricaTech Challenge
Sanofi has announced it will on June 11th organize an online pitch session as part of its AfricaTech Challenge in a...
Bolt raises €100m to expand its product segments in Europe & Africa
Bolt, the Uber rival, has raised €100m ( Ksh 11 billion) from London-based Naya Capital Management to boost its growth...
Kenya’s MarketForce 360 Raises $350,000 to Fuel its East African Expansion
Kenya's MarketForce 360, a field sales and distribution automation software and a subsidiary of Mesozi Group, has raised $350,000 seed investment...
Uber lays off 600 staff in India in COVID-19 pandemic crunch
Uber India has laid off 600 of its 2,600 staff across all levels of teams due to the impact of...
Alitheia IDF raises $10M from Open Society to fuel women economic empowerment
Alitheia IDF has raised $10 million from Open Society to amplify women’s voices in economic empowerment. Alitheia IDF, says the...